But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
He is not dead, this friend; not dead, Gone some few, trifling steps ahead, And nearer to the end; So that you, too, once past the bend, Shall meet again, as face to face, this friend You fancy dead.
In the course of a healthy debate, we prioritize different goals, and the different means of reaching them. But without some common baseline of facts, without a willingness to admit new information and concede that your opponent might be making a fair point, and that science and reason matter - then we're going to keep talking past each other, and we'll make common ground and compromise impossible.
Never carry things on from the past. The past is gone. Every moment be rid of it, solved or unsolved. Drop it - and don't carry parts because those parts won't allow you to solve new problems that live in this moment. Live in this moment as totally as possible, and suddenly you will come to realized, that if you live it totally, it is solved. There is no need to solve it. Life is not a problem to be solved, it's a mystery to be lived.
At the still point of the turning world. Neither flesh nor fleshless; Neither from nor towards; at the still point, there the dance is, But neither arrest nor movement. And do not all it fixity, Where past and future are gathered. Neither movement from nor towards, Neither ascent nor decline. Except for the point, the still point, There would be no dance, and there is only the dance.
Every creative act draws on the past whether it pretends to or not. It draws on what it knows. There's no such thing, really, as a creative act in a vacuum.
Universal peace as a result of cumulative effort through centuries past might come into existence quickly - not unlike a crystal that suddenly forms in a solution which has been slowly prepared. Science is but a perversion of itself unless it has as its ultimate goal the betterment of humanity.